Registration is open for millions of Americans to apply for federal college debt forgiveness. Borrowers may request relief for up to $20,000 in debt. Single-filing taxpayers earning less than $125,000 and joint-filing taxpayers earning less than $250,000 are eligible.  

• The program carries a $400 billion price tag and faces legal challenges even while it accepts applications. 
• One key issue is whether seven states can tax debt forgiveness as income.
• If approved for forgiveness, the Federal Student Aid program will lower your monthly payments and set up a payment schedule to pay off your loan in 10 years. 

The U.S. Supreme Court is considering a case that asks whether a state can require farmers in another state to treat animals, in this case pigs, more humanely.

• Almost certainly such a ruling would drive up the price of pork, which is already 17% higher than a year ago.
• If California can ban pork that is farmed what it considers to be “inhumane” then could Texas dictate how California grows avocadoes and Florida dictate how Georgia grows peaches?   

Home sales are slowing. And even Google searches for new homes dropped 35% from a year ago. But 99% of home sales last month still sold for the list price while the median price paid for a home is down a little. We are a long way from a bursting housing bubble, but buyers do have more leverage than a year ago, even while paying higher interest rates.